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House Prices in DN16 House Prices in DN16 (Scunthorpe)

The average house price in DN16 (Scunthorpe) is £158,840 using HM Land Registry data.

The average property price increased by £35,101 (22.78%) over the last 5 years and increased by £7,033 (3.51%) over the last 12 months.

Over the last year, there were 348 residential property sales – a decrease of 75 transactions (-21.55%) relative to the previous year. The majority of house sales (99) were in the £118,000 - £146,000 range. Then came properties in the £146,000 - £174,000 range, where 70 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 59 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,627 (-2%).

In Oct 24, there were 55 new estate agency instructions, 46 agreed home sales and 55 property price reductions.

Nearby Postcodes: DN10, DN14, DN15, DN17, DN18, DN20, DN21, DN22, DN38, DN39, DN8, DN9, LN1, LN7, LN8

5-Year Average Property Prices in DN16 (Scunthorpe)

22.78%

Property prices in Scunthorpe increased by 22.78% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in DN16 (Scunthorpe) Over the Last Year

3.51%

Property prices in Scunthorpe increased by 3.51% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for DN16 (Scunthorpe) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in DN16 (Scunthorpe)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in DN16 (Scunthorpe)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in DN16 (Scunthorpe)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the DN16 (Scunthorpe) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DN16 postcode area since 1995.

Recent Sales in DN16 (Scunthorpe)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
8 Neville Road, Scunthorpe, North Lincolnshire, DN16 1TN£132,500£132,000-£50011 Apr 202419 Aug 2024130 Days
1 Copper Beech Walk, Scunthorpe, North Lincolnshire, DN16 3QQ£180,000£175,000-£5,00025 Apr 202419 Aug 2024116 Days
1 Whimbrel Chase, Scunthorpe, North Lincolnshire, DN16 3WJ£300,000£295,000-£5,00030 May 202419 Aug 202481 Days
323 Ashby Road, Scunthorpe, North Lincolnshire, DN16 2AB£200,000£187,000-£13,00028 Feb 202415 Aug 2024169 Days
217 Grange Lane South, Scunthorpe, North Lincolnshire, DN16 3BL£128,000£127,500-£50011 Jun 202415 Aug 202465 Days
42 Annes Crescent, Scunthorpe, North Lincolnshire, DN16 2LW£154,950£153,000-£1,95021 Aug 202309 Aug 2024354 Days
28 Revesby Court, Scunthorpe, North Lincolnshire, DN16 2EF£80,000£78,000-£2,00013 Nov 202309 Aug 2024270 Days
25 Olive Drive, Scunthorpe, North Lincolnshire, DN16 3FW£135,000£132,000-£3,00002 May 202407 Aug 202497 Days
165 Grange Lane South, Scunthorpe, North Lincolnshire, DN16 3BW£115,000£110,000-£5,00016 May 202431 Jul 202476 Days
12 Johnson Drive, Scunthorpe, North Lincolnshire, DN16 3NT£150,000£143,000-£7,00007 Feb 202429 Jul 2024173 Days
28 Hornbeam Avenue, Scunthorpe, North Lincolnshire, DN16 3HT£265,000£255,000-£10,00008 May 202429 Jul 202482 Days
102 Kenilworth Road, Scunthorpe, North Lincolnshire, DN16 1EY£165,000£155,000-£10,00029 Feb 202426 Jul 2024148 Days
76 Pinewood Close, Scunthorpe, North Lincolnshire, DN16 3FB£197,950£197,950£0016 Feb 202426 Jul 2024161 Days
34 Wilkinson Way, Scunthorpe, North Lincolnshire, DN16 3NS£214,000£207,000-£7,00011 Apr 202426 Jul 2024106 Days
127 Everest Road, Scunthorpe, North Lincolnshire, DN16 3DZ£120,000£110,000-£10,00009 Jul 202425 Jul 202416 Days
149 Bottesford Lane, Scunthorpe, North Lincolnshire, DN16 3HL£130,000£120,000-£10,00003 Jan 202423 Jul 2024202 Days
64 Timberland, Scunthorpe, North Lincolnshire, DN16 3SL£170,000£160,000-£10,00005 Dec 202322 Jul 2024230 Days
9 Heather Grove, Scunthorpe, North Lincolnshire, DN16 3DG£169,950£67,500-£102,45003 Apr 202419 Jul 2024107 Days
21 Baysdale Road, Scunthorpe, North Lincolnshire, DN16 2QE£175,000£175,000£0001 Apr 202412 Jul 2024102 Days
68 Manor Road, Scunthorpe, North Lincolnshire, DN16 3PA£349,000£335,000-£14,00005 Jul 202311 Jul 2024372 Days

Most Expensive Streets in DN16 (Scunthorpe)

PostcodeStreetAreaAverageNo. of Sales
DN16 3RSValewood, BottesfordScunthorpe£505,0003
DN16 3RDOld School Lane, BottesfordScunthorpe£415,3333
DN16 3RBHolme Lane, BottesfordScunthorpe£373,5005
DN16 3RFHolmeScunthorpe£352,6663
DN16 3GGFieldfare CloseScunthorpe£291,5905
DN16 2AJOld Brumby StreetScunthorpe£289,1666
DN16 3FUAlpina CloseScunthorpe£287,6663
DN16 3AQWisteria WayScunthorpe£279,4217
DN16 3FQSycamore CrescentScunthorpe£276,8754
DN16 3RYSeabrook DriveScunthorpe£255,0003

Least Expensive Streets in DN16 (Scunthorpe)

PostcodeStreetAreaAverageNo. of Sales
DN16 2HFBeechwayScunthorpe£59,4663
DN16 1TFRedbourne StreetScunthorpe£61,4005
DN16 1RWGrange Lane NorthScunthorpe£65,6503
DN16 2EFRevesby CourtScunthorpe£68,3758
DN16 1TWCliff StreetScunthorpe£72,2504
DN16 1DYCemetery RoadScunthorpe£74,1666
DN16 2QRStaindale RoadScunthorpe£75,6124
DN16 1LQCottage Beck RoadScunthorpe£81,6663
DN16 1PXWarley RoadScunthorpe£81,7005
DN16 2TGCherry GroveScunthorpe£82,4916

Explore DN16 (Scunthorpe) using map

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